Topic: Devcoin - page 171. (Read 412955 times)

The final purser payouts have been made.

In round 2, Mark will make 4 / 32 * 4,000 blocks * 45,000 purser devcoins = 22,500,000 purser devcoins.  As one of the two general administrators in round 2 Mark gets 5% of the developer share, 0.05 * 4,000 blocks * 45,000 devcoins/block = 9,000,000 devcoins.  Mark sent 300,000 in bounties.

That leaves 22,500,000 - 9,000,000 - 300,000 = 13,200,000 devcoins to share.  In round 2 there are 21 active developers, including Mark.  So Mark sent 13,000,000 devcoins / 21 developers = 628,571 devcoins per developer to all developers except himself:
http://107.20.193.62:2750/block/00000000051f1597603b34bb0b4425d18f9f6b0c3a3026b40ccbfedd4f3dde00

In round 2, Caston made 4 / 32 * 4,000 blocks * 45,000 purser devcoins = 22,500,000 purser devcoins.  One share of round 3 was dropped to enable his purser payment to be done earlier, 1 / 28 * 4,000 blocks * 45,000 devcoins/block = 6,428,571.  That leaves 22,500,000 - 6,428,571 = 16,071,429 devcoins to share.  That gives a send of 16,071,429 devcoins / 21 developers = 765,306 devcoins/developer.

In round 2, Unthinkingbit made 3 / 32 * 4,000 blocks * 45,000 purser devcoins = 16,875,000 purser devcoins.  As one of the two general administrators in round 2, 5% of the developer share is 0.05 * 4,000 blocks * 45,000 devcoins/block = 9,000,000 devcoins.  That leaves 16,875,000 - 9,000,000 = 7,875,000 devcoins to share.  That gives a send of 7,875,000 devcoins / 21 developers = 375,000 devcoins/developer.

Unthinkingbit is handling Caston's key, so Caston's key should end up with 22,500,000 - 20 * 765,306 + 375,000 = 7,568,880 devcoins.  To end up with 7,568,880 devcoins with 22,500,000 starting purser coins, 14,931,120 coins should be sent from Caston's key to Unthinkingbit.  6,000,000 devcoins were sent earlier, so a last send of 8,931,120 devcoins was made.

Unthinkingbit then sent 765,306 + 375,000 = 1,140,306 devcoins to all developers except Caston and Unthinkingbit:
http://107.20.193.62:2750/block/000000000381c718bae8a2f5bd7acf0a6301c9ea61cb1bdef5eaa272dda07fa3

Hi Shattienator,

Thanks for setting up another devcoin explorer.  The bounty shares for devcoin explorers are now:
4 for the first
3 for the second
2 for the third
1 for the fourth

You'll get 3 shares in round 4.  The current bounty part of the future account 4 file is:

13TxNC3qaCk5v9TsoDRisVNcwEUzw5WAte,3/5-http://107.20.193.62:2750/block/000000000004f9668231db30d58097a68abd23dd09e53e83a282a2db8c82abbc
1NHFumXZMCjMvV5BU3Bgb6cpy8HgugwV7w,2/5-http://107.20.193.62:2750/block/00000000000b7026b41a6ff23ffc2f8af6749daa5a008b2672bea7f92c01681a
16irnhMJJufLdW5aL9cNA5tqbwiHyzm4P7,1/5-http://107.20.193.62:2750/block/00000000004db4ef3358168fa91dde15a3ee7e9c71c86a17380b886af83f98db
1M1BzQBpb8sbCuNzBTaae9PBdvjLthVrbR-Jackjack,2-https://bitcointalk.org/index.php?topic=24813.msg429585#msg429585
1Fhex5BvBGaChJqK75Z6MPxtK9muSsScKC-Shattienator,3-http://devcoinblockexplorer.info:2750/,1/5-https://bitcointalk.org/index.php?topic=34586.msg527776#msg527776,1/5-https://bitcointalk.org/index.php?action=profile;u=22994
1QFNbLgpFKwFYKLNc9XkYbzgCryd3XYfuX-Twobits,2/5-https://bitcointalk.org/index.php?topic=34586.msg512933#msg512933

Jackjack's devcoinblockexplorer is not online - I have set up my own on dedicated server.

Thank you to whoever mined the really difficult blocks 10705 through 10707.  To thank those miners, the miner of block 10705 will get 3/5 share of round 4, the miner of block 10706 will get 2/5 of a share and the miner of block 10707 will get 1/5 of a share.  The difficulty is now increasing and hopefully by around block 11400 the block interval will approach ten minutes.

Also, since no extra big bounties have been awarded, the big bounties can be enlarged, so 4 shares for what used to be a 5 million devcoin bounty.  So Jackjack will get a total of 4 shares for the devcoin block explorer, since he's already received two, he'll get two more in round 4.

Shattienator gets 1/5 of a share for each of his latest two informative posts.  Twobits gets 2/5 of a share for the windows devcoin version.

So the current bounty part of the future account 4 file is:

13TxNC3qaCk5v9TsoDRisVNcwEUzw5WAte,3/5-http://107.20.193.62:2750/block/000000000004f9668231db30d58097a68abd23dd09e53e83a282a2db8c82abbc
1NHFumXZMCjMvV5BU3Bgb6cpy8HgugwV7w,2/5-http://107.20.193.62:2750/block/00000000000b7026b41a6ff23ffc2f8af6749daa5a008b2672bea7f92c01681a
16irnhMJJufLdW5aL9cNA5tqbwiHyzm4P7,1/5-http://107.20.193.62:2750/block/00000000004db4ef3358168fa91dde15a3ee7e9c71c86a17380b886af83f98db
1M1BzQBpb8sbCuNzBTaae9PBdvjLthVrbR-Jackjack,2-https://bitcointalk.org/index.php?topic=24813.msg429585#msg429585
1Fhex5BvBGaChJqK75Z6MPxtK9muSsScKC-Shattienator,1/5-https://bitcointalk.org/index.php?topic=34586.msg527776#msg527776,1/5-https://bitcointalk.org/index.php?action=profile;u=22994
1QFNbLgpFKwFYKLNc9XkYbzgCryd3XYfuX-Twobits,2/5-https://bitcointalk.org/index.php?topic=34586.msg512933#msg512933

Hi Shattienator,

Thanks for pointing out that devcoin block explorer is back up.

Because of the smooth block code incorrectly uses the last block difficulty, the difficulty ended up multiplying until it reached 7,203:
http://www.devcoinblockexplorer.info:2750/block/000000000001ce5c4ee497a4291dfa5c88c241b007f08af00b89618a598fcc4a

Now that the difficulty is so high that the interval is more than a day, the difficulty change will now reverse, decreasing exponentially, down to the starting minimum of one.  So block 10705 will take on average a few days to find, then block 10706 will take a day, then block 10707 will take six hours, and so on.  Because of the continuing exponential decrease, all the next hundred blocks until 10800 will take about three hours.

When I wrote the smooth block code, I didn't realize that because I was using the last block difficulty the system would go into an oscillation.  With the new code, because it's using the average difficulty, the system should narrow down onto the correct difficulty.

So if you have a GPU, if you haven't already please switch to the September 17 or later devcoin at:
http://sourceforge.net/projects/galacticmilieu/files/

please mine devcoins for the next few days, even though the 10705 block will take a few days to get.  After that, since the difficulty will drop quickly, the next blocks will be easier to get and you'll get a portion of the roughly ninety cheap blocks between 10710 and 10800.  Afterwards, the difficulty should narrow down and we can get on with using devcoin to fund open source developers and projects.

Devcoin block explorer mirror is up.
Please check availability (can take some time for DNS records to propagate).

http://devcoinblockexplorer.info:2750

or

http://107.20.193.62:2750

Because the smooth difficulty code I wrote is flawed and is causing the difficulty to vary wildly, it is necessary to update devcoin to the new median difficulty code in the '17-Sep-2011' files at:
http://sourceforge.net/projects/galacticmilieu/files/

The switchover is at block 10,800.  Because this changes the network difficulty, everyone must update devcoin before then.  If someone does not, their client or miner will not work properly after that block.  At the time of this writing, the devcoin block is 10,704, the difficulty is 7,203 and will decrease, so it is maybe several days to go before the switchover.  Please update your client and/or miner as soon as possible, please don't wait until the last minute.

Hopefully this will be the last quick necessary devcoin update.

Below is updated code for GetNextWorkRequired which uses average difficulty to avoid difficulty oscillations and the median time to resist the timestamp attack.  Please look it over and post if there are any errors.


If no errors are found within a day, it would be added to devcoin and everyone would have to download devcoin again.

Hi Shattienator,

Thanks for pointing out the difficulty problem.

The difficulty steps are starting because there was a power miner, and the oscillations will continue because the new difficulty is based off the last difficulty rather than the average difficulty.  I'll try to make a code change within a couple of days.

Something wrong with the smooth difficulty change:
Block 10698 - difficulty 33.62
Block 10701 - difficulty 134.49
Block 10702 - difficulty 537.97

(difficulty was taken from the getinfo stats).

Ah, I had said earlier I would provide a windows binary when/if the use of python for https was resolved.  That was done, and I did build the binary, but looks like I forgot to post about it here after I did so.

http://www.wuala.com/jbw9/pub/Bitcoin/devcoin/devcoin-2011-08-22-win32.7z/

Thanks to Mark and Jackjack, the round 3 receiver file is posted at the sites:
http://galaxies.mygamesonline.org/receiver_3.csv
https://raw.github.com/Unthinkingbit/charity/master/receiver_3.csv
https://raw.github.com/jackjack-jj/charity/master/receiver_3.csv

The round 3 receiver file is generated from the account 3 file at:
https://raw.github.com/Unthinkingbit/charity/master/account_3.csv

using the genereceiver.py script:
https://github.com/Unthinkingbit/charity/blob/master/genereceiver.py

Everyone on the account 3 file will get their share of devcoins starting at block 12,000 and ending at block 16,000.  There are 27 shares and 4,000 blocks, so each share is a minimum of 148 blocks each giving 45,000 devcoins to the receivers, for a minimum of 6,660,000 devcoins.  The fractional shares are worth a minimum of 6,660,000 devcoins devided by the number of receivers in that line.  So for example in the line:
1QFNbLgpFKwFYKLNc9XkYbzgCryd3XYfuX,1QFNbLgpFKwFYKLNc9XkYbzgCryd3XYfuX,1M1BzQBpb8sbCuNzBTaae9PBdvjLthVrbR,1M1BzQBpb8sbCuNzBTaae9PBdvjLthVrbR

the address 1QFN.. will get a minimum of 2 / 4 * 6,660,000 = 3,330,000 devcoins for that distribution line and address 1M1B.. will also get a minimum of 3,330,000 devcoins.  The reason it is divided four ways even though the award was two fifths of a share in the account file is that the genereceiver.py script fills the distribution lines as evenly as possible up to the share denominator (5 in this case).  In this case because there were 12 / 5 fractional shares to distribute, it divided them into 3 lines of 4.  In other words, when there is a fractional share bounty awarded, the bounty is at least the fractional share, it could be more and was in round 3.

The round 4 receiver file will be generated and posted at around block 13,000.  Any new bounties awarded between now and then will be in the round 4 file.

Below is the devcoin development plan for the next several months.  When the block number is followed by a minus sign, that means that the task should be completed by then.  When the block number is followed by a plus sign, that means the task will probably be started after then.

Block 10,500-: round 3 receiver files uploaded.

Block 10,700: transition to smooth difficulty change.

Block 11,000-: purser payouts complete.

Block 12,000: test of fractional share distribution.

Block 13,000+: devcoin / bitcoin exchange.

Block 20,000+: merged mining.

Block 30,000+: share to miners starts decreasing.

The smooth difficulty change code is in the '22-Aug-2011' files at:
http://sourceforge.net/projects/galacticmilieu/files/

The switchover is at block 10,700.  Because this changes the network difficulty, everyone must update devcoin before then.  If someone does not, their client or miner will not work properly after that block.  At the time of this writing, the devcoin block is about 9,000, so there are roughly two weeks to go before the switchover.  Please update your client and/or miner as soon as possible, please don't wait until the last minute.

Yes, the address in the account_3.csv is correct.

When the devcoin bounties were first posted, I made them similar in value to other bounties I've seen posted, which were small.  However, after getting used to devcoin, I realized that with 90% of generation going to bounties and developers, there's no need to be stingy anymore.

So I'm adding 1/5 of a share per 100,000 DVC bounty for bounties under one million.  For bounties over one million I'm adding one share per five million bounty.  I'm only adding one share per five million for the big bounties because if there are many large bounties that would drain the generation, if it turns out that few large bounties are being awarded the share for large bounties will be increased further.

To make the receiver file for these bounties, first an account file is made:
https://raw.github.com/Unthinkingbit/charity/master/account_3.csv

The account file has the name of the contributor, their share as a fraction, and a link to the post where either they posted the information or the bounty was awarded.  Then an accountant runs genereceiver.py:
https://github.com/Unthinkingbit/charity/blob/master/genereceiver.py

to generate a receiver file, like the test receiver file:
https://github.com/Unthinkingbit/charity/blob/master/test_receiver_3.csv

Once the receiver file is checked, then it would be uploaded by the receiver file administrators.

On the account file, Mark and I are general administrators and get a share for that.  Jackjack is busy with other stuff and doesn't have much time to be an administrator, so he is only a file administrator, who posts the receiver file at a website, and gets 2/5 of a share for that.  Jackjack gets an additional one share bounty for making the devcoin block explorer.

I've also added informative bounties for people who post useful stuff (1/5 of a share) and for people who help develop devcoin in extra ways (2/5 of share).  Twobits posted that curl would be best for downloading from https sites, I tried that and it works well and has been added to devcoin (1/5 share).  Shattienator posted that namecoin is down to 12% of the required hash rate (1/5 share), and he made permanent devcoin nodes (2/5 share).

Edit: As of Aug 2012, there are enough permanent nodes, so there will not be bounties for any new permanent nodes.

Caston, Jackjack, Twobits and Shattienator also received the extra 1/5 per 100,000 DVC for the installation posts.

Please check your entry in the account file:
https://raw.github.com/Unthinkingbit/charity/master/account_3.csv

to see that your donation address is correct.  Once round 3 starts, at block 12,000, that donation address will start receiving lots of devcoins.  At the time of this writing, the minimum round 2 share is 6,660,000 DVC.  If more bounties are awarded or developers added that share will be smaller, so that is just a ballpark share value.

Thanks a lot for bringing it back.  So the purser payouts mentioned in the post:


are all in Devcoin block 8320:
http://devcoinblockexplorer.dyndns.org/block/000000000171781a2331c71678d6c4cf0db1f5d4c560d2b46917292735bf3d02

The Devcoin block explorer is back online: http://devcoinblockexplorer.dyndns.org/chain/Devcoin

Good news:


So the block explorer should be back online in 10 hours

Abe is only at block 124k
I hope it will speed up because it's taking all the cpu thus it halves the hashrate of the gpu my friend put on his server